Tamil Nadu Startup and Innovation Mission, popularly known as TANSIM among entrepreneurs, has launched an initiative called ‘S2G Buy Day’ to link start-ups and the government. An announcement regarding this was made during the 2022-23 Tamil Nadu Budget, that government departments and public sector undertakings would be allowed to directly procure innovative products and services valued at up to ₹50 lakh from start-ups in the State.
“The ‘S2G Buy Day’ would be a series of events focusing on two departments every month. TANSIM will put forward challenges and key areas where government departments are looking for solutions,” TANSIM Mission Director and CEO Sivarajah Ramanathan said. The requirements of the department will be uploaded on the StartupTN website and the shortlisted start-ups would be informed to make the pre-final pitch before senior officials from the department.
The first ‘S2G Buy Day’ series would be conducted for the Department of Social Defence, functioning under the Social Welfare and Women Empowerment Department, Government of Tamil Nadu, on June 14.